The article is devoted to the modern Russian party system. In the first part of the article, the author shows the historical features of the parties formation in Russia and analyzes the reasons for the low turnout in the elections to the State Duma in 2016. According to the author the institutional reasons consist in the fact that the majority of modern political parties show less and less ability to produce new ideas, and the search for meanings is conducted on the basis of the existing, previously proposed sets of options. Parties reduce the topic of self-identification in party rhetoric, narrowing it down to “branded” ideas or focusing on the image of the leader. In addition, the author shows the decrease in the overall political activity of citizens after the 2011 elections, and points out that the legislation amendments led to the reduction of the election campaigns duration and changes in the voting system itself. The second part of the article is devoted to the study of the psychological aspects of the party system. The author presents the results of the investigation of images of the parties as well as the results of the population opinion polls, held by the centers of public opinion study. On the basis of this data, the author concludes that according to the public opinion the modern party system is ineffective, and the parties don’t have real political weight, which leads to the decrease of the interest in their activities and confidence in them. The author supposes that all this may be the consequence of the people’s fatigue from the same persons in politics, but at the same time the electorate’s desire to see new participants in political processes is formulated rather vaguely, since, according to the people, this might not bring any positive changes.